2406 C Ave, New Castle, IN, 47362 | $486/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New Castle at 2406 C Ave, New Castle, IN, 47362 earns $486/mo cash flow from $1,560/mo rent with a $876/mo payment. Total monthly income totals $1,560/mo, and annual cash flow totals $5,827/yr on $59,339 capital. ROI tracks 29.73% on current figures, and rental yield reads 10.46% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 155.3% and total cumulative return in cash sums $92,151. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.

Single Family

Built in 1915

10,018 sqft lot

$N/A/sqft

No HOA